Over the last year, crypto has increasingly made inroads into the film industry. Films have been distributed as NFTs, nascent DAOs have формирана to help connect filmmakers with sources of funding, and filmmakers are exploring децентрализовано финансирање.
Now, a new wave of indie filmmakers is seizing the opportunity to break into the industry using cryptocurrency and НФТ to fund their projects. “The first few films that get funded this way will have a place in history,” writer/director Miguel Faus told Дешифрирај. “They will be pioneers in a new route that I think is going to be huge for indie filmmaking across the world.”
Faus’ debut feature film, “Calladita,” kicks off its crowdfunding campaign on March 2—offering NFTs as rewards and unique perks for NFT owners who contribute to the raise. Unlike a traditional crowdfunding raise on Kickstarter or Indiegogo, Faus said, “The whole reward system is kind of subverted. The interests of the backers and the creators are much better aligned.”
In traditional crowdfunding models, Faus explained, a large chunk of the funds goes toward producing physical products for rewards, such as DVDs, posters, or T-shirts. With NFTs, he argued, not only are the production costs lower, unlike conventional digital rewards, “it’s an asset that is robust, and durable—it’s always there on the blockchain. And you never know what value it might have in the future.”